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8. Suppose you invest $12,000 into an account that earns 3.65% compounded quarterly. (a) Find the effective yield of the investment. (b) How much money

8. Suppose you invest $12,000 into an account that earns 3.65% compounded quarterly. (a) Find the effective yield of the investment. (b) How much money will be in the account in 8 years

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